CFO / Financial
London’s ‘One Re’ Plans Expansion Into 38 African Countries by 2015
One Re Ltd., the first reinsurer approved under Britain's "twin peaks" system of financial regulation, said it's seeking clients across 38 African countries in the next year as growth outpaces ...
Arch Agrees to Take Full Ownership of Gulf Re
Arch Capital Group Ltd. agreed to take complete ownership of Gulf Reinsurance Ltd. after losses on a venture that was backed by oil-producing nations. Arch will also take on liabilities from ...
RenRe’s Deal for Platinum Could Spur More Reinsurance M&A: Fitch
The $1.9 billion cash-stock deal by RenaissanceRe Holdings Ltd. for Platinum Underwriters Holdings could spark more merger and acquisition activity among reinsurers, Fitch Ratings said last week, ...
Risk and Insurance Experts Predict Thanksgiving NFL Winners, Losers
Ah, Thanksgiving. A time for family, good meals and joy—unless your team epically fails on national television, stirring your gut into an acidic cauldron of turkey, stuffing, cranberry sauce and ...
Elements of a Properly Structured Business Continuity Plan
Effective business continuity plans are designed to provide a rehearsed road map for the most effective restoration of essential processes and functions after a disruptive event and therefore go hand ...
Why Underwriters Should Require Business Continuity Plans From Insureds
True or False? Companies that identify and develop disaster avoidance, mitigation, response and recovery plans are likely to suffer fewer strategic, financial and operational losses and less adverse ...
Oops. Twitter CFO Inadvertently Leaks M&A Deal Intent in Tweet
Twitter Inc. just tripped up one of its top executives. On Monday, Chief Financial Officer Anthony Noto publicly tweeted about a plan he has to buy a company, including how he wanted to help make the ...
$1.9B Deal for Platinum Gives RenRe Bigger U.S. Casualty Share
The $1.9 billion cash-stock deal by RenaissanceRe Holdings Ltd. for Platinum Underwriters Holdings will create a $4 billion company with a bigger footprint in the U.S. casualty and specialty ...